The Nigerian Electricity Regulatory Commission (NERC) has disclosed that Benin and Togo owe Nigeria $8.84 million for electricity consumed in the fourth quarter of 2024. Despite some payments, overall remittances by international customers remain low, raising concerns over Nigeria's energy...
Nigeria has announced a partnership with Egypt to learn from its successful power generation and transmission systems. The collaboration will focus on renewable energy, rural electrification, and stabilizing Nigeria’s power sector.
In a bid to tackle Nigeria's ongoing energy challenges, the...
The Federal Government plans to review electricity tariffs for Band B and C customers, citing an unsustainable N3 trillion subsidy. Power Minister Adebayo Adelabu stressed the need for infrastructure investment and a balanced pricing structure to ensure service improvements while maintaining...
EFCC Chairman, Ola Olukoyede, revealed the extent of corruption in Nigeria's power sector, saying ongoing investigations would bring tears to anyone. He highlighted fraudulent practices, such as contractors using substandard materials, contributing to system failures and inefficiencies. The EFCC...
During an inter-ministerial briefing in Abuja, Nigeria's Minister of Power, Adebayo Adelabu, highlighted the persistent challenge of infrastructure deficit in the country's power sector.
Adelabu disclosed that transformers dating back to the 1960s are still in use in certain regions of...
Power companies in Nigeria are set to implement a significant increase in electricity tariffs, raising rates to N200 ($0.15) per kilowatt-hour from the current N68 for urban consumers.
This move, reported by Bloomberg news agency, aims to address concerns regarding electricity consumption...
The federal Government, through the Nigerian Electricity Regulatory Commission (NERC), has granted 13 new licenses for off-grid and embedded power generation, independent electricity distribution, and electricity trading. The licenses, totaling 40.9 megawatts in cumulative capacity, were issued...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.